The housing market plays a significant role in determining the cost of living in Kirkland, WA.
In Kirkland, WA, the housing index stands at 140.5, indicating a market that is significantly above the national average. The median home price of 1000000 highlights the premium investors and buyers are willing to pay in this area. Rental prices are equally steep, with averages of 3200 for a 2BR apartment and 3060 for a 2BR house. Those considering a move need to factor in higher living costs and evaluate their budget with these values, especially if they prefer renting. Expect competition in such a vibrant market!
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kirkland, WA.
Living in Kirkland, WA could entail higher utility costs. Electricity costs sit at 12.34, while natural gas is priced at 18.14 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 290 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Kirkland, WA, consider the following factors: